minimax

American  

[min-uh-maks] / ˈmɪn əˌmæks /

noun

1. a strategy of game theory employed to minimize a player's maximum possible loss.

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minimax British  

/ ˈmɪnɪˌmæks /

noun

1. maths the lowest of a set of maximum values

2. (in game theory, etc) the procedure of choosing the strategy that least benefits the most advantaged member of a group Compare maximin

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Etymology

Origin of minimax

First recorded in 1940–45; mini(mum) + max(imum)

Example Sentences

Markets will be watching to see if the company can replicate the massive success of recent listings by other Chinese AI firms such as Zhipu AI and MiniMax.

From The Wall Street Journal

As AI models become more capable of completing complex tasks, MiniMax is betting on AI becoming an integral part of workers’ daily lives.

From The Wall Street Journal

Find insight on MiniMax, China Telecom, Shopify and more in the latest Market Talks covering technology, media and telecom.

From The Wall Street Journal

MiniMax aims to expand its workforce to around 600 people by the end of the year.

From The Wall Street Journal

The comment comes as investors debate MiniMax’s valuation after the company’s market value surged above $40 billion despite limited headcount and no profitability.

From The Wall Street Journal